Accountancy practice Xeinadin has launched, merging 120 independent accountancy firms across the UK and Ireland.
Firms within the group range from small, local offices to larger, regional, multi-office practices with several directors.
Many of the firms were head-hunted into the group on the basis of their “entrepreneurial success, strong historic growth and future potential”.
The group’s aim is not to impose a centralised brand on its members or restrict successful working practices. The philosophy is a recognition of the value inherent in the individual, regional brand identities of its members firms and the work they have put in to create profitable businesses.
The group aims to address the national succession issue faced by the industry and allow existing partners with a lifetime of service behind them to “unlock some of the value of their businesses.”
The group has become the first major professional services firm in the UK, to have focus on servicing the OMB and SME markets and with a major focus on improving and evolving client service standards using the very latest available technology.